Short Description
North America Torque Vectoring Market, By Component (Hardware, Services), Technology (Active Torque Vectoring System (ATVS), Passive Torque Vectoring System (PTVS)), Clutch Actuation Type (Electric, Hydraulic), Driving Wheel Type (Rear-Wheel Drive (RWD), Front-Wheel Drive (FWD)), Vehicle Type (Passenger Cars, Commercial Vehicles, Off Road Vehicle), Propulsion Type (Diesel/Petrol/CNG, Electric Vehicle), Country (U.S., Canada, Mexico and Rest of North America) Industry Trends and Forecast to 2029
Market Definition
Torque vectoring solutions are most important and crucial systems which ensure the safety and help in improving the cars performance. These systems basically provide or distribute torque between the wheels which allows the vehicle to effectively turn over a bend or curve. Torque vectoring is a holistic, predictive approach to vehicle dynamics using a combination of hardware and electronic systems. It provides the most suitable distribution of torque to a wheel at any point based on the drivers intentions and the driving conditions. There are basically two types of torque vectoring solutions which are prominently used, one is brake-based torque vectoring and the other one is electric-based torque vectoring.
Market Segmentation
The torque vectoring market is segmented on the basis of component, technology, clutch actuation type, driving wheel type, vehicle type and propulsion type.
On the basis of component, North America torque vectoring market has been segmented into hardware, and services
On the basis of technology, North America torque vectoring market has been segmented into active torque vectoring system (ATVS), and passive torque vectoring system (PTVS)
On the basis of clutch actuation type, North America torque vectoring market has been segmented into electric, and hydraulic
On the basis of driving wheel type, North America torque vectoring market has been segmented into rear-wheel drive (RWD), front-wheel drive (FWD), and all-wheel drive/four-wheel drive (AWD/4WD)
On the basis of vehicle type, North America torque vectoring market has been segmented into passenger cars, commercial vehicles, and off road vehicle
On the basis of propulsion type, North America torque vectoring market has been segmented into diesel/petrol/CNG and electric vehicle
Market Players
Some of the major players operating in the North America torque vectoring market are:
BorgWarner Inc.
Eaton
American Axle & Manufacturing, Inc.
Dana Limited
JTEKT Corporation
Magna International Inc.
Robert Bosch GmbH
UNIVANCE CORPORATION
Hewland Engineering Ltd
Continental AG
Modelon
GKN Automotive Limited
Drako Motors, Inc.
MITSUBISHI MOTORS CORPORATION
Haldex
Schaeffler AG
THE TIMKEN COMPANY
Linamar Corporation
Ricardo
ZF Friedrichshafen AG
TABLE OF CONTENTS
1 INTRODUCTION 48
1.1 OBJECTIVES OF THE STUDY 48
1.2 MARKET DEFINITION 48
1.3 OVERVIEW OF NORTH AMERICA TORQUE VECTORING MARKET 48
1.4 CURRENCY AND PRICING 50
1.5 LIMITATIONS 50
1.6 MARKETS COVERED 50
2 MARKET SEGMENTATION 55
2.1 MARKETS COVERED 55
2.2 GEOGRAPHICAL SCOPE 56
2.3 YEARS CONSIDERED FOR THE STUDY 57
2.4 DBMR TRIPOD DATA VALIDATION MODEL 58
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 61
2.6 DBMRMARKET POSITION GRID 62
2.7 VENDOR SHARE ANALYSIS 63
2.8 MULTIVARIATE MODELING 64
2.9 COMPONENT TIMELINE CURVE 64
2.10 SECONDARY SOURCES 65
2.11 ASSUMPTIONS 65
3 EXECUTIVE SUMMARY 66
4 PREMIUM INSIGHTS 69
4.1 PORTER FIVE FORCES ANALYSIS 71
4.2 REGULATORY FRAMEWORK 72
5 MARKET OVERVIEW 73
5.1 DRIVERS 75
5.1.1 INCREASE IN POPULATION & RAPID URBANIZATION 75
5.1.2 EMERGENCE OF EVS & AND ITS TORQUE VECTORING SYSTEM 76
5.1.3 INTELLIGENT TORQUE VECTORING APPROACH FOR ADAS VEHICLES 77
5.1.4 UPSURGE IN DEMAND FOR LUXURY AND PERFORMANCE VEHICLES 78
5.2 RESTRAINTS 79
5.2.1 HIGH COST ASSOCIATED WITH IMPLEMENTING TORQUE VECTORING/AWD/4WD SYSTEMS 79
5.2.2 HIGH CARBON FOOTPRINT OF THE AUTOMOTIVE SECTOR 80
5.3 OPPORTUNITIES 81
5.3.1 HEAVING ADOPTION OF TORQUE VECTORING SYSTEM IN OFF-ROAD VEHICLES 81
5.3.2 GROWING AWARENESS ABOUT ENHANCED SAFETY AND VEHICLE DYNAMICS 82
5.4 CHALLENGES 82
5.4.1 HAMPERED SUPPLY OF SEMICONDUCTOR EQUIPMENT LIMITS TORQUE VECTORING SYSTEM 82
5.4.2 CHANGING AUTOMOTIVE PRODUCT LIFE CYCLE AND LONG PRODUCTION CYCLE OF AUTOMOTIVE VEHICLES 83
6 NORTH AMERICA TORQUE VECTORING MARKET, BY COMPONENT 84
6.1 OVERVIEW 85
6.2 HARDWARE 86
6.2.1 DRIVE CONTROL UNIT (DCU) 87
6.2.2 MOTOR CONTROLLERS 87
6.2.3 SENSORS 87
6.2.4 MOTOR 87
6.2.5 CAN BUS 87
6.2.6 OTHERS 87
6.3 SERVICES 87
7 NORTH AMERICA TORQUE VECTORING MARKET, BY TECHNOLOGY 88
7.1 OVERVIEW 89
7.2 ACTIVE TORQUE VECTORING SYSTEMS (ATVS) 90
7.3 PASSIVE TORQUE VECTORING SYSTEMS (PTVS) 90
8 NORTH AMERICA TORQUE VECTORING MARKET, BY CLUTCH ACTUATION TYPE 92
8.1 OVERVIEW 93
8.2 ELECTRIC 94
8.3 HYDRAULIC 94
9 NORTH AMERICA TORQUE VECTORING MARKET, BY DRIVING WHEEL TYPE 95
9.1 OVERVIEW 96
9.2 FRONT-WHEEL DRIVE (FWD) 97
9.3 ALL-WHEEL DRIVE/FOUR-WHEEL DRIVE (AWD/4WD) 97
9.4 REAR-WHEEL DRIVE (RWD) 98
10 NORTH AMERICA TORQUE VECTORING MARKET, BY VEHICLE TYPE 99
10.1 OVERVIEW 100
10.2 PASSENGER CARS 101
10.2.1 BY TYPE 102
10.2.1.1 SEDAN 102
10.2.1.2 HATCHBACK 102
10.2.1.3 CROSSOVERS 102
10.2.1.4 SUV 102
10.2.1.5 OTHERS 102
10.2.2 BY TECHNOLOGY 103
10.2.2.1 ACTIVE TORQUE VECTORING SYSTEMS (ATVS) 103
10.2.2.2 PASSIVE TORQUE VECTORING SYSTEMS (PTVS) 103
10.3 COMMERCIAL VEHICLES 103
10.3.1 BY TYPE 104
10.3.1.1 LIGHT COMMERCIAL VEHICLE 104
10.3.1.2 HEAVY COMMERCIAL VEHICLE 104
10.3.1.2.1 BUS 104
10.3.1.2.2 TRUCKS 104
10.3.2 BY TECHNOLOGY 105
10.3.2.1 ACTIVE TORQUE VECTORING SYSTEMS (ATVS) 105
10.3.2.2 PASSIVE TORQUE VECTORING SYSTEMS (PTVS) 105
10.4 OFF ROAD VEHICLE 105
10.4.1 BY TECHNOLOGY 105
10.4.1.1 ACTIVE TORQUE VECTORING SYSTEMS (ATVS) 106
10.4.1.2 PASSIVE TORQUE VECTORING SYSTEMS (PTVS) 106
11 NORTH AMERICA TORQUE VECTORING MARKET, BY PROPULSION TYPE 107
11.1 OVERVIEW 108
11.2 DIESEL/PETROL/CNG 109
11.3 ELECTRIC VEHICLE 109
11.3.1 BATTERY ELECTRIC VEHICLE (BEV) 110
11.3.2 HYBRID ELECTRIC VEHICLE (HEV) 110
12 NORTH AMERICA TORQUE VECTORING MARKET, BY REGION 111
12.1 NORTH AMERICA 112
12.1.1 U.S. (LEFT HAND DRIVE) 120
12.1.2 CANADA LEFT HAND DRIVE) 124
12.1.3 MEXICO (LEFT HAND DRIVE) 128
13 NORTH AMERICA TORQUE VECTORING MARKET, COMPANY LANDSCAPE 132
13.1 COMPANY SHARE ANALYSIS: NORTH AMERICA 132
14 SWOT ANALYSIS 133
15 COMPANY PROFILE 134
15.1 AMERICAN AXLE & MANUFACTURING, INC. 134
15.1.1 COMPANY SNAPSHOT 134
15.1.2 REVENUE ANALYSIS 134
15.1.3 COMPANY PROFILE 135
15.1.4 PRODUCT PORTFOLIO 135
15.1.5 RECENT DEVELOPMENTS 136
15.2 CONTINENTAL AG 137
15.2.1 COMPANY SNAPSHOT 137
15.2.2 REVENUE ANALYSIS 137
15.2.3 COMPANY SHARE ANALYSIS 138
15.2.4 PRODUCT PORTFOLIO 138
15.2.5 RECENT DEVELOPMENT 138
15.3 EATON 139
15.3.1 COMPANY SNAPSHOT 139
15.3.2 REVENUE ANALYSIS 139
15.3.3 COMPANY SHARE ANALYSIS 140
15.3.4 PRODUCT PORTFOLIO 140
15.3.5 RECENT DEVELOPMENTS 140
15.4 SCHAEFFLER AG 142
15.4.1 COMPANY SNAPSHOT 142
15.4.2 REVENUE ANALYSIS 142
15.4.3 COMPANY SHARE ANALYSIS 143
15.4.4 PRODUCT PORTFOLIO 143
15.4.5 RECENT DEVELOPMENTS 143
15.5 JTEKT CORPORATION 145
15.5.1 COMPANY SNAPSHOT 145
15.5.2 REVENUE ANALYSIS 145
15.5.3 COMPANY SHARE ANALYSIS 146
15.5.4 PRODUCT PORTFOLIO 146
15.5.5 RECENT DEVELOPMENTS 147
15.6 BORGWARNER INC. 148
15.6.1 COMPANY SNAPSHOT 148
15.6.2 REVENUE ANALYSIS 149
15.6.3 PRODUCT PORTFOLIO 149
15.6.4 RECENT DEVELOPMENTS 150
15.7 DANA LIMITED 152
15.7.1 COMPANY SNAPSHOT 152
15.7.2 REVENUE ANALYSIS 152
15.7.3 PRODUCT PORTFOLIO 153
15.7.4 RECENT DEVELOPMENTS 153
15.8 DRAKO MOTORS, INC. 154
15.8.1 COMPANY SNAPSHOT 154
15.8.2 PRODUCTS PORTFOLIO 154
15.8.3 RECENT DEVELOPMENT 154
15.9 GKN AUTOMOTIVE LIMITED 155
15.9.1 COMPANY SNAPSHOT 155
15.9.2 REVENUE ANALYSIS 155
15.9.3 PRODUCTS PORTFOLIO 156
15.9.4 RECENT DEVELOPMENTS 156
15.10 HALDEX 157
15.10.1 COMPANY SNPASHOT 157
15.10.2 REVENUE ANALYSIS 157
15.10.3 PRODUCT PORTFOLIO 158
15.10.4 RECENT DEVELOPMENT 158
15.11 HEWLAND ENGINEERING LTD 159
15.11.1 COMPANY SNAPSHOT 159
15.11.2 PRODUCT PORTFOLIO 159
15.11.3 RECENT DEVELOPMENTS 159
15.12 LINAMAR CORPORATION 161
15.12.1 COMPANY SNAPSHOT 161
15.12.2 REVENUE ANALYSIS 161
15.12.3 PRODUCT PORTFOLIO 162
15.12.4 RECENT DEVELOPMENTS 162
15.13 MAGNA INTERNATIONAL INC. 163
15.13.1 COMPANY SNAPSHOT 163
15.13.2 REVENUE ANALYSIS 163
15.13.3 PRODUCT PORTFOLIO 164
15.13.4 RECENT DEVELOPMENTS 165
15.14 MITSUBISHI MOTORS CORPORATION 167
15.14.1 COMPANY SNAPSHOT 167
15.14.2 REVENUE ANALYSIS 167
15.14.3 PRODUCTS PORTFOLIO 168
15.14.4 RECENT DEVELOPMENT 168
15.15 MODELON 169
15.15.1 COMPANY SNAPSHOT 169
15.15.2 REVENUE ANALYSIS 169
15.15.3 PRODUCT PORTFOLIO 170
15.15.4 RECENT DEVELOPMENT 170
15.16 PRODRIVE HOLDINGS LIMITED 171
15.16.1 COMPANY SNAPSHOT 171
15.16.2 PRODUCTS PORTFOLIO 171
15.16.3 RECENT DEVELOPMENT 171
15.17 PROTEAN 172
15.17.1 COMPANY SNAPSHOT 172
15.17.2 PRODUCT PORTFOLIO 172
15.17.3 RECENT DEVELOPMENTS 172
15.18 RICARDO 174
15.18.1 COMPANY SNAPSHOT 174
15.18.2 REVENUE ANALYSIS 174
15.18.3 PRODUCT PORTFOLIO 175
15.18.4 RECENT DEVELOPMENTS 175
15.19 ROBERT BOSCH GMBH 176
15.19.1 COMPANY SNAPSHOT 176
15.19.2 REVENUE ANALYSIS 176
15.19.3 PRODUCT PORTFOLIO 177
15.19.4 RECENT DEVELOPMENT 177
15.20 THE TIMKEN COMPANY 178
15.20.1 COMPANY SNAPSHOT 178
15.20.2 PRODUCT PORTFOLIO 178
15.20.3 RECENT DEVELOPMENT 179
15.21 UNIVANCE CORPORATION 180
15.21.1 COMPANY SNAPSHOT 180
15.21.2 PRODUCT PORTFOLIO 180
15.21.3 RECENT DEVELOPMENT 180
15.22 ZF FRIEDRICHSHAFEN AG 181
15.22.1 COMPANY SNAPSHOT 181
15.22.2 SOLUTION PORTFOLIO 181
15.22.3 RECENT DEVELOPMENTS 181
16 QUESTIONNAIRE 183
17 RELATED REPORTS 186